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the economic recovery. in terms of health care costs related to the aca, while most business leaders that we have spoken to have said is they understand we needed to do something. small-business owners are impacted disproportionately by rising health-care costs. the current health care plans work for them less well than they do for larger companies because they don't have buying power. if you look at some of the reforms, you see a number of efforts to try to reduce costs for small businesses to, like creating exchanges, for example. small businesses in 2011 paid about 25% more for health care insurance than large companies. you are right. with the new regulations set to take effect in a couple of years, it is another reason to be careful and protect small businesses from tax increases. what the obama people will tell you is that they have cut taxes for small business 17 times and 90% of the small businesses in america would not be effected by higher individual taxes. host: here is "the miami herald" this morning. pennsylvania. independent caller. caller: he said it earlier when they go to wa
will lose access to critical health services covered in the a.c.a. like cancer screenings. and the last step is to go after another favorite g.o.p. target and that's social security. house republicans have only one to protect and that's the wealthiest americans. it couldn't be more obvious. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from wisconsin. mr. ryan: i yield three minutes to the chairman of the commerce committee, mr. upton. the speaker pro tempore: the gentleman from michigan. up up -- mr. upton: we work to get our $16 trillion national debt under control and we put us on a path towards a more solemn fiscal future. the spending reduction act of 2012, we identified key areas to reduce spending to replace the sequester and without this thoughtful balanced package of savings, in two weeks, the sequester is going to cut discretionary spending while shielding the lion's share of the government's budget from reduction. critical priorities such as important cancer research at the n.i.h. and review of budget
of 2010, the congressional budget office was projecting out some savings because of the a.c.a. but they were figuring about 4% per capita growth, again as you pointed out this chart now shows we're down to 2%. so they've been revising their estimates over the last two years and the net savings, the recalculation just in the last two years has been hundreds of billions of dollars of lower expenditure than they had first thought was going to be the case. when you compare that magnitude of savings with, for example, raising the eligibility age to 67, i mean, they're dwarfed. it is really just a small portion of what efficiencies in the system are capable of producing. and the fact of the matter is that raising the eligibility age, i mean, there's no free lunch. the fact is that even though these are people that willing challenged in the private insurance market, 65 and 66 are still the healthiest population within the medicare pool. so the ones who remain in medicare, their part b premiums are going to go up and that's not just me saying it, it's the keiser family foundation who
Search Results 0 to 2 of about 3